Waterdrop Inc

Chaoyang, China Founded: 2016 • Age: 10 yrs
Online comparison platform for health insurance
Request Access

About Waterdrop Inc

Waterdrop Inc is a company based in Chaoyang (China) founded in 2016 by Peng Shen, Guang Yang, and Yao Hu.. Waterdrop Inc has raised $525 million across 4 funding rounds from investors including Tencent, CICC and Swiss Re. The company has 3,060 employees as of December 31, 2024. Waterdrop Inc operates in a competitive market with competitors including eHealth, Yuanbao Insurance Broker, Yuguo, Baobeikeji and International Health Insurance, among others.

  • Headquarter Chaoyang, China
  • Employees 3060 as on 31 Dec, 2024
  • Founders Peng Shen, Guang Yang, Yao Hu
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Waterdrop, Inc. Sponsored Adr Class A
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $385.15 M
    3.73
    as on Dec 31, 2024
  • Net Profit
    $51.07 M
    116.36
    as on Dec 31, 2024
  • EBITDA
    $26.36 M
    2641.95
    as on Dec 31, 2024
  • Total Equity Funding
    $525 M (USD)

    in 4 rounds

  • Latest Funding Round
    $150 M (USD), Series D

    Nov 24, 2020

  • Investors
    Tencent

    & 7 more

  • Employee Count
    3060

    as on Dec 31, 2024

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

IPO & Listings of Waterdrop Inc

Waterdrop Inc is a publicly listed company on the NYSE with ticker symbol WDH in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: WDH . Sector: Finance · USA

Funding Insights of Waterdrop Inc

Waterdrop Inc has successfully raised a total of $525M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $150 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series D — $150.0M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2020 Amount Series D - Waterdrop Inc Valuation Tencent
Aug, 2020 Amount Series D - Waterdrop Inc Valuation Swiss Re , Tencent
Jun, 2019 Amount Series C - Waterdrop Inc Valuation Boyu Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Waterdrop Inc

Waterdrop Inc has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tencent, CICC and Swiss Re. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Boyu Capital is recognized as a leading alternative asset management firm.
Founded Year Domain Location
Early and growth-stage TMT startups are funded in China.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Waterdrop Inc

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Waterdrop Inc

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Waterdrop Inc Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Waterdrop Inc

Waterdrop Inc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as eHealth, Yuanbao Insurance Broker, Yuguo, Baobeikeji and International Health Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online health insurance comparison platform for individuals and small businesses
domain founded_year HQ Location
Online health insurance comparisons are provided for individuals.
domain founded_year HQ Location
A platform for distributing medical insurance services.
domain founded_year HQ Location
Mobile platform for buying and managing health insurance policies.
domain founded_year HQ Location
Operates as a platform for comparing health insurance options.
domain founded_year HQ Location
Serves as a platform for comparing and selecting health insurance options.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Waterdrop Inc

Frequently Asked Questions about Waterdrop Inc

When was Waterdrop Inc founded?

Waterdrop Inc was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Waterdrop Inc located?

Waterdrop Inc is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.

Who is the current CEO of Waterdrop Inc?

Peng Shen is the current CEO of Waterdrop Inc. They have also founded this company.

Is Waterdrop Inc a funded company?

Waterdrop Inc is a funded company, having raised a total of $525M across 4 funding rounds to date. The company's 1st funding round was a Series C of $145M, raised on Oct 31, 2018.

How many employees does Waterdrop Inc have?

As of Dec 31, 2024, the latest employee count at Waterdrop Inc is 3,060.

What is the annual revenue of Waterdrop Inc?

Annual revenue of Waterdrop Inc is $385.15M as on Dec 31, 2024.

What does Waterdrop Inc do?

Waterdrop was founded in 2016 in Chaoyang, China, as an online platform focused on health insurance comparisons. Operations include a marketplace for health and life insurance products, crowdfunding for fundraising needs, and services in healthcare and pharmaceuticals through Waterdrop Medicine. Insurance awareness solutions are also provided to users, supporting business and individual requirements in the insurtech sector.

Who are the top competitors of Waterdrop Inc?

Waterdrop Inc's top competitors include eHealth, Yuanbao Insurance Broker and Baobeikeji.

Is Waterdrop Inc publicly traded?

Yes, Waterdrop Inc is publicly traded on NYSE under the ticker symbol WDH.

Who are Waterdrop Inc's investors?

Waterdrop Inc has 8 investors. Key investors include Tencent, CICC, Swiss Re, IDG Capital, and Boyu.

What is Waterdrop Inc's ticker symbol?

The ticker symbol of Waterdrop Inc is WDH on NYSE.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available